mortality (Page 2)

Are people living longer? Yes, but some ages are better than others

On: March 31, 2012

Late last year, as in every year, the Australian Bureau of Statistics announced that life expectancy at birth continues to improve. Based on current mortality rates, a boy born in 2008-2010 can expect to live 79.5 years, while a girl can expect to live 84 years. This is an improvementContinue Reading

The cost of living longer

On: February 19, 2012

In: Demography, Risk management

This article, from the US smart money magazine, is a fascinating look at the latest thinking on how long we are likely to live. You really should read it in full. It looks at the latest thinking on longevity, and what that means for retirement planning. Some US life insurersContinue Reading

Have you outlived your contemporaries yet?

On: March 13, 2010

In: Economics, Insurance

My dad, who isn’t competitive at all, asked me recently how old he would have to be before he had outlived 50% of his contemporaries. He suspects he may have passed that age sometime in the past few years. So I’ve been exploring the ABS mortality statistics. If you lookContinue Reading

Warning: Actuarial post ahead – mortality statistics

On: November 29, 2009

In: Economics, Risk management

This week, the ABS released the annual mortality statistics – the analysis of all the people who died in Australia in 2008.. Overall, at a population level, the “standardised death rate” (deaths per 1,000 population, adjusting for a standard age structure) was 6.0 per 1,000 people – the same asContinue Reading